The controversial broadband network owned by Provo City has been sold.
iProvo had lost millions of dollars in recent years. So what does that
mean to customers and taxpayers?
iProvo brought an infrastructure of fiber optic and high-speed
Internet, phone and TV to Provo residents.
Now Provo City is selling the entire system to a private company, and
city officials say they will recoup the losses the system has had in
recent years.
The announcement came today as Provo Mayor Lewis Billings announced
his proposed budget for the city.
http://www.ksl.com/?nid=148&sid=3244021